Skip to comments.Obama: 'At Some Point the Government Will Run Out of Money'
Posted on 08/22/2013 5:36:07 PM PDT by Nachum
President Obama, speaking at the State University of New York-Buffalo:
So at some point, the government will run out of money, which means more and more costs are being loaded on to students and their families, the president said.
(Excerpt) Read more at breitbart.com ...
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He’s slipping. They can always make more money, or get it from the rich people.
Well, if he is finally admitting that eventually then it was a brief moment of clarity, never to be repeated.
NSS! Obama is one smart dude.
Well Mr Gay Boy President, do you mean that this will occur after you have confiscated everyone's assets, 401ks, homes, properties, and gold?
Just askin', for clarification.
Computers create money these days, so the government can make as much as it wants. No worries.
Didn’t they run out about $6 Trillion ago?
he does nothing but speed us off this cliff. on purpose. his statement is a ‘no kidding’.
Who knew? Better get your Obamaphone while you still can.
If you would run out of town because of it, Obama, and never come back- it would be a blessing to go broke.
I place this quote up there with Joycelin Elders: “Everybody is gonna die of sumpthin.”
Obama finally gets some Margret Thatcher in him.
So what Obama is saying is very confusing? Does he mean the government in China will soon run out of money to loan us so Jamal and Jamika can get free housing, food, tansit, daycare, healthcare, and college?
Like I said........I'm confused by his statement?
Was he trying to explain Maggie Thatcher's comment on socialism being just fine until you run out of other people's money? But that's some very old news.
The government has no money. It’s the peoples’ money. What the hell is this clown talking about?
He's coming right out and telling you exactly what's going on.
As long as there is a nickel to steal, the government will not run out of money.
Nope. So long as there’s trees, ink, and paper.
Should he have maybe thought of that before QE1, QE2, QE3?
I think that this is signal that China has cut him off and will no longer be purchasing US debt. Here comes inflation! Lock in your variable interest debts while you can.
I just pray that I get work before my mortgage is up for renewal as my payments will drop to less than $1,000/mth versus the current $1,355/mo. (Generally, max term in Canada is 5 years, based on 25-35 amortization). A ‘kinsman redeemer’ would also assist in my getting the renewal. My prayer to the Lord!
Well, who should pay for college but the people who are going to college? Why should people who go to trade school or become construction workers, farmers, or hair cutters pay taxes so the sons and daughters of lawyers and doctors can go to college? What crap.
Some one should fill the college kid in: we ran out of money a long time ago.
Uh ... they’ve been out of money for decades.
I hurt myself laughing at this asshole and how he IS the cause of the collapse of our economy and republic and then he paints himself as the solution... of course he will just keep destroying but the msm propaganda machine will report that he is trying to cut spending and the republicans are blocking him and the low information voter will believe it 100% and come 2014... he or she will put a hildebeast sign in their front yard.
It must have been that Harvard education that did it.
If the government ran out of money its because those students and families have been tapped out by the government!
Noble Prize for Economics.
Given the trillion dollar deficit I’d say the government ran out of money some time ago.
Well, DUH, you IDIOT Obemba!
The Tea Party has been telling you that for five years!
CP as in Communist Party
which makes an obvious point...
0failure doesn’t know the govt has no money
all that money comes from the people
WTF? No mo' mony???
This is not a sign of obastard having a epiphany it is simply yet another justification of his to raise taxes.
Uh oh! He’s off his teleprompters again...
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He also said the republicans don’t want to pay for things where the money has already been spent. Brilliant.
Rep. Ellison: Theres Plenty of Money, Its Just The Government Doesnt Have It - See more at: http://cnsnews.com/news/article/rep-ellison-there-s-plenty-money-it-s-just-government-doesn-t-have-it#sthash.kXZfL8ja.dpuf
The only one he can: Obamaphone Woman (successor to the Neanderthals)
"So at some point, the government will run out of money, which means more and more costs are being loaded on to students and their families," the president said.No problem -- the Repeal of Obamacare will solve a piece of that.